Steel Strips Wheels standalone net profit rises 31.08% in the June 2018 quarter

Sales rise 60.61% to Rs 500.69 crore

Net profit of Steel Strips Wheels rose 31.08% to Rs 21.51 crore in the quarter ended June 2018 as against Rs 16.41 crore during the previous quarter ended June 2017. Sales rose 60.61% to Rs 500.69 crore in the quarter ended June 2018 as against Rs 311.74 crore during the previous quarter ended June 2017. ParticularsQuarter EndedJun. 2018Jun. 2017% Var.Sales500.69311.74 61 OPM %12.7414.92 -PBDT43.3733.64 29 PBT27.8921.54 29 NP21.5116.41 31

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